Friday, September 16, 2016

Paul Singer Warns It Is 
A "Very Dangerous Time"
 For Stocks, Prefers Gold
Elliott Management's Paul Singer is warning on the "amazing arrogance" of policymakers who have "created a tremendous increase in hidden risk, risk that investors don't exactly know" ..  "With roughly $15 trillion on the major central bank balance sheets, with all of these rates at zero or even crazily below zero, you have a very delicate situation which cannot be solved by a sledgehammer,"  .. thinks the bond market is in "the biggest bond bubble in world history" & "the global bond market is broken." .. 6 minutes video
LINK HERE to the article

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